Pag-IBIG Fund’s housing-related assets have surpassed P1 trillion as stronger home financing and lending to housing developers continued to expand its portfolio.
The Department of Finance (DOF) has assured property owners and housing developers that the deferred rollout of the Real Property Valuation and Assessment Reform Act (RPVARA) will not automatically lead to higher property taxes, giving local governments more time to prepare for the overhaul.
The government is moving ahead with a pilot rental housing project at the University of the Philippines Los Baños (UPLB), opening a new affordable housing option for low-income university employees, students, and nearby informal settler families.
The Bases Conversion and Development Authority (BCDA) is moving ahead with road and utility plans for the 160-hectare Bonifacio Capital District (BCD) in Taguig, seeking a consultant to prepare detailed engineering designs for the planned infrastructure.
The Bases Conversion and Development Authority (BCDA) is pushing ahead with updated masterplans for Bonifacio Global City (BGC) and Camp John Hay, with key decisions on both estates expected before the end of the year.